2025-03-11T18:47:10-05:00 2024-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-07-01 820200906 The College of Idaho Inc COLL 2084595222 2112 Cleveland Boulevard Caldwell ID 83605 Kyle Sales CFO 2084595222 2025-03-07 1 1 Kim Hunwardsen CPA P00484560 6122536500 2025-03-07 2023 2025-03-06 01:10:19Z Kyle Sales 2112 Cleveland Boulevard Caldwell ID 83605 80107700 0 X www.collegeofidaho.edu X 1893 ID Liberal arts college committed to excellence in academic instruction and scholarship. 30 24 763 120 824 0 21486439 13599850 45723635 48043658 8026793 10882264 138518 98677 75375385 72624449 27960220 28329431 0 0 19912637 21138276 0 0 782997 18782103 20010390 66654960 69478097 8720425 3146352 179005322 189345276 24761507 32684745 154243815 156660531 X The College of Idaho, a private, residential liberal arts college, prepares students to lead productive and fulfilling lives. We are committed to an innovative, individualized curriculum in liberal arts and professional studies, to building community, and to exercising stewardship. 0 0 39980760 28329431 37957649 Higher Education - Instructional: Provided instruction to undergraduate and graduate students (1,085 Students). 12050633 1517283 Student Services: Student support services including but not limited to athletics, dean of students, admissions, financial aid services, and residence life. 6240742 8429453 Higher Education - Auxiliary: Provided room and board for residential students and only board for nonresidential students. 3272479 138449 Higher Education - Academic Support: Academic support for students including but not limited to library, art gallery, museum, academic dean, and institutional research. 3272479 138449 61544614 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 187 0 1 763 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X Kyle Sales 2084595222 2112 Cleveland Boulevard Caldwell ID 83605 Jen Sampson Trustee Chair 2.00 2.00 X X 0 0 0 Megan Ronk Trustee Vice Chair 2.00 0.00 X X 0 0 0 Kyle Sales Trustee Secretary 2.00 0.00 X X 0 0 0 Andrea Cook Trustee 1.00 0.00 X 0 0 0 Rick Williams Trustee 1.00 0.00 X 0 0 0 Mary Smith Trustee 1.00 0.00 X 0 0 0 Pamela Decoste Trustee 1.00 2.00 X 0 0 0 Buck Harris Trustee 1.00 0.00 X 0 0 0 Laura Arjona Trustee 1.00 0.00 X 0 0 0 James Mertz Trustee 1.00 0.00 X 0 0 0 Ali Rabe Trustee 1.00 0.00 X 0 0 0 Brandon Fitzpatrick Trustee 1.00 0.00 X 0 0 0 Candy Dale Trustee 1.00 2.00 X 0 0 0 Coby Dennis Trustee 1.00 0.00 X 0 0 0 Doug Oppenheimer Trustee 1.00 0.00 X 0 0 0 Alan Moore Trustee 1.00 2.00 X 0 0 0 Jill Twedt Trustee 1.00 0.00 X 0 0 0 Megan Multanen Trustee 1.00 0.00 X 0 0 0 Sue Weitz Trustee 1.00 0.00 X 0 0 0 Dennis R Robertson Trustee 1.00 0.00 X 0 0 0 Elaine Baylor Trustee 1.00 0.00 X 0 0 0 Paula Kluksdal Trustee 1.00 0.00 X 0 0 0 Karly Pippitt Trustee 1.00 0.00 X 0 0 0 Amalka Samaraskera Trustee 1.00 0.00 X 1000 0 0 Ken Wagers Trustee 1.00 2.00 X 0 0 0 Kate Fowler Trustee 1.00 0.00 X 0 0 0 Lorenzo Olvera Trustee 1.00 0.00 X 2000 0 0 Michael Pearson Trustee 1.00 2.00 X 0 0 0 Ray Marshall Trustee 1.00 2.00 X 0 0 0 Scott Ferguson Trustee 1.00 0.00 X 0 0 0 David Douglass VP Academic Affairs 40.00 0.00 X 194587 0 40446 Richard W Erne CFO 38.00 2.00 X 180102 0 14291 Latonia Haney Keith VP High Impact Practices 40.00 0.00 X 181295 0 12689 Brian Bava VP Enrollment Mgmt 40.00 0.00 X 158032 0 35097 Paul Bennion VP for Student Affairs 40.00 0.00 X 134626 0 26435 Jack Cafferty VP for College Relations 40.00 0.00 X 145198 0 34259 Reagan Rossi VP Athletics 40.00 0.00 X 114137 0 7990 James Everett Co-President 40.00 0.00 X 115995 0 24434 Douglas Brigham Co-President 40.00 0.00 X 110690 0 33377 Jody Nafzger Director Off-Campus Learning 40.00 0.00 X 100356 0 7034 Keith Bower Director of IT 40.00 0.00 X 102239 0 27982 Brandi Clark Controller 40.00 0.00 X 107407 0 19397 1647664 0 283431 12 0 1 0 Compass Group 2400 Yorkmont Rd Charlotte NC 28217 Food Service Contractor 3553417 CSD Council 1611 S Utica Ave 525 Tulsa OK 74104 Turf selection, use, and installation 596802 ATS Inland 10951 W Emerald St Boise ID 83713 Custom Engineering and Building Automati 555691 EAB Global 1920 E Parham Rd Richmond VA 232282206 Enrollment Services Provider 514553 STM Charters 1203 W Ridgeway Ave Waterloo IA 50701 Technology Provider 379500 21 1091096 1293326 527981 10687447 3317419 13599850 Tuition and Fees 611710 37957649 37957649 Room and Board 611710 8430277 8429453 824 Athletics 611710 1398628 1398628 Academics 611710 138449 138449 Other Student Services 611710 118655 118655 48043658 1167502 1167502 16967193 7162833 89598 9804360 -89598 9714762 9714762 271256 1091096 183021 88235 88235 58241 47799 10442 10442 72624449 48042834 824 10980941 28329431 28329431 1588604 227437 972963 388204 14797059 13501394 1052374 243291 716085 674496 35908 5681 2934789 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10266387 13194047 229400 117737165 125768516 7366119 -15292864 6379618 281649 111180504 100736276 2324243 27901714 4948866 244851 125768516 105015770 1633644 1018579 6721940 209777 100736276 0.14330 0.84690 0.00980 0 1 1 335804 4257641 4593445 107724681 44082493 63642188 13727261 8098386 5628875 5429623 1701112 3728511 77593019 Post Retirement Insurance Obligation 189607 PV of Annuities Payable 841007 1030614 X Part V, Line 4: To further the mission of the college through funding scholarships and other strategic initiatives. Part X, Line 2: The College believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The College would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The College of Idaho's non-discrimination policy is on its application for admission. Additionally, the policy is on the website. Schedule E, Part I, Line 6 The College receives student financial aid from the US Department of Education. These funds are awarded directly to students and applied toward their tuition and fees. Scholarship Gala 984379 860278 124101 0 29413 7950 33729 19908 4028 Steak Feed 351645 212760 138885 0 18386 16399 28065 3500 5500 1 20310 12341 7969 0 0 8691 1848 0 3928 1356334 1085379 270955 47799 33040 63642 23408 13456 181345 89610 58241 47799 1 0.93250 58241 47799 47799 10442 ID 1 0 1 0 0.50000 0.50000 Brandi Clark 2122 Cleveland Blvd Caldwell ID 83605 0 Brandi Clark 338 Administrative duties including completion of raffle application, raffle report and overseeing internal employees conducting raffles to ensure all information is accurate and reported as required. X 0 1 Unfunded Scholarships 1057 22585943 Funded Scholarships 537 5702683 Federal SEOG 174 40805 Part I, Line 2: The College of Idaho uses a combination of federal methodology and instructional policy to provide a uniform method to assess a family's financial strength and the student's academic performance to estimate the expected family contribution toward the student's cost of education. The cost of education includes tuition, fees, books, supplies, room, board, personal expenses and transportation allowance. X X 0 0 0 0 0 0 0 0 0 David Douglass VP Academic Affairs 194587 0 0 0 0 0 14343 0 26358 0 235288 0 0 0 Richard W Erne CFO 180102 0 0 0 0 0 12655 0 1891 0 194648 0 0 0 Latonia Haney Keith VP High Impact Practices 181270 0 0 0 25 0 12689 0 254 0 194238 0 0 0 Brian Bava VP Enrollment Mgmt 158022 0 0 0 10 0 11687 0 23665 0 193384 0 0 0 Jack Cafferty VP for College Relations 145183 0 0 0 15 0 10799 0 23715 0 179712 0 0 0 Paul Bennion VP for Student Affairs 134626 0 0 0 0 0 9881 0 16809 0 161316 0 0 0 A Idaho Housing and Finance Association 820302333 45129GLJ2 2023-11-01 26625670 Refund bonds issued in 2016 and capital improvements. 0 0 0 A 26886560 1999810 514975 1990766 17291300 4846104 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 0 Schedule K, Part II, Line 3: Total proceeds of issue includes interest earned during the construction phase of $260,890. Schedule K, Part II, Line 4: Gross proceeds held in reserve funds includes interest earned of $17,285. Alan Moore Board Member To partially fund the construction of a student housing complex X 100000 100000 0 1 1 Shauna Williams Spouse of Board Member To partially fund the construction of a student housing complex X 25000 25000 0 1 1 James Mertz Board Member To partially fund the construction of a student housing complex X 25000 25000 0 1 1 Kyle Sales Board Member To partially fund the construction of a student housing complex X 25000 25000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 100000 100000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 200000 200000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 25000 25000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 50000 50000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 25000 25000 0 1 1 Substantial Contributor Substantial Contributor To partially fund the construction of a student housing complex X 25000 25000 0 1 1 600000 X 1 5850 FMV X 11 3130908 FMV X Hitting Facility Construction 1 132181 FMV X Sports Court 1 30580 FMV X Softball Field Turf 1 12400 FMV X Raffle Items 1 5500 FMV 0 0 1 1 Part I, Column (b): Column (b) represents the number of contributions received during the year. Part I, Line 32b: Real estate agents are used to sell property gifts received. Form 990, Part VI, Section A, line 1a The Board of Trustees delegates authority to the Governance Committee to act on behalf of the full board only in limited emergency circumstances. Any such authority so exercised by the Governance Committee is subject to the approval and ratification of the full Board at the next regular or special meeting of the full Board. The Committee is composed of between 10 and 14 members, all of whom also serve on the Organizaton's Board of Trustees. The Chairperson of the Board of Trustees serves as Chairperson of the Governance Committee. Form 990, Part VI, Section B, line 11b An electronic copy of the 990 is made available to the Governance Committee and board members on the College's secure portal prior to the 990 being filed. Form 990, Part VI, Section B, line 12c Officers, trustees and key employees receive a conflict of interest questionnaire annually. The questionnaire is reviewed by the CFO and if an issue arises that would constitute a conflict of interest, the issue is reviewed with the appropriate body i.e. Human Resources, Audit Committee, Governance Committee, Board Chair. No Trustee shall vote on any matter under consideration at a Board or committee meeting in which such Trustee has a conflict of interest. Trustee conflict of interest issues are also reflected in the notes to the financial statements. Form 990, Part VI, Section B, line 15 Compensation for officers and key employees is determined by the use of market surveys and college and university comparable surveys to determine initial compensation. Recommendations are given to the governance committee for review. After initial compensation packages have been established, annual raises are generated through the budget process which is approved by the finance committee and the board. Bonuses or any other significant promotions or adjustments to compensation are approved through the governance committee and/or board. Form 990, Part VI, Section C, line 19 Governing documents and financial statements are available upon request. The conflict of interest policy is included in the staff handbook which is on the College's website. Form 990, Part XI, line 9: Change in present value of annuities 12,172. Change in fair market value of interest rate swap 80,091. College of Idaho 2nd Century Trust Fund A 2112 Cleveland Blvd Caldwell ID 83605 943115589 Trust ID 501(c)(3) Line 12b, II The College of Idaho 1 College of Idaho 2nd Century Trust Fund B 2112 Cleveland Blvd Caldwell ID 83605 826069279 Trust ID 501(c)(3) Line 12b, II The College of Idaho 1 EA Paddock Scholarship Trust 2112 Cleveland Blvd Caldwell ID 83605 826003514 Investment Management ID 501(c)(3) PF The College of Idaho 1 Charitable Remainder Trust (1) Investment Management ID N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 College of Idaho 2nd Century Trust Fund A C 643326 General ledger College of Idaho 2nd Century Trust Fund B C 650000 General ledger